Author: Otto Dargan
Australian Property Market Update 2020: All Eyes On Sydney & Melbourne
Sydney dwelling values rose by 6.2% during the fourth quarter of 2019, followed closely by Melbourne dwelling values, which increased by 6.1% — a very good sign for the Australian property market. Housing markets in both Sydney and Melbourne gained momentum in the Australian...
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bookmarkTags: Australian property, Melbourne, Property Market, property market update, Sydney
How Do You Adjust To Comprehensive Credit Reporting?
Did you know following the introduction of comprehensive credit reporting, your credit score can drop by 22% following just one missed credit card repayment? – even if you’ve never missed any credit card repayments before this. Misconceptions surrounding comprehensive...
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bookmarkTags: comprehensive credit reporting, Credit Score, Equifax, Experian, Illion
Property Market Update – Sydney Growth Largest Since 1988
According to CoreLogic’s national Home Value Index, Sydney dwelling values saw the largest increase in a month since 1988, growing by 2.7% in the month ending November. This is the most significant single increase over a month in Sydney prices since 1988. In addition, Melbourne...
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bookmarkTags: Australian property, Melbourne, Perth, Sydney
Can Afterpay Affect Your Home Loan Application?
Buy now pay later services like Afterpay and ZipPay are raising questions with lenders about a borrower’s ability to repay their home loan. It gives the impression that borrowers do not have sufficient amounts of cash on standby and are living paycheque to paycheque. Banks...
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bookmarkTags: Afterpay, home loan applications
How To Buy When The Market Is Rising?
The market is heating up! According to CoreLogic data, Sydney and Melbourne are now rising markets with a sustained dwelling growth of 3.5% and 3.4% this quarter as of 30 September 2019. In addition, combined capital city auction clearance rates have surged above 70% and...
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bookmarkTags: Pre approval, Property Buyers
Property Market Predictions – July 2019
After the largest decline in house prices in the last 30 years, Sydney and Melbourne have seen dwelling values rise for the first time since 2017. So what do the experts have to say? BIS Oxford Economics’ Price Predictions According to the latest BIS Oxford...
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bookmarkTags: Australian property, Property Buyers, Property Investors, residential property
folderCategory: Property Market
bookmarkTags: Australian property, First home Buyer, Home Loan
RBA Rate Cut: Is Your Lender Passing On The Full Rate Cut?
With home loan interest rates at record lows already, RBA officially cut the cash rate by 0.25% to just 1.25% p.a. – the lowest it has ever been. While many lenders are passing on the full rate cut to their standard variable rate home loan customers, however, not all...
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bookmarkTags: Government, Rate cut, Refinance, Variable Rate
Moving House: Sell Then Buy Or Get A Bridging Loan?
Whether you’re upsizing, downsizing or just moving to a home in a new location, no doubt things have changed since buying your last home. There are a number of home loan options available when you’re moving on to your next property so how do you get from one home to the...
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Budget 2019: Are Home Buyers Winners?
Budget 2019: Who are the winners? Budget 2019-20 is here…but there isn’t all that much for borrowers or the property market. However, if you squint really hard, there are some surprising golden nuggets that first-time buyers and business owners may have overlooked. No...
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bookmarkTags: Government, Property Investment